The Finance Weekly

JUNE 21, 2022

This is especially true for CFOs who are planning to take their company public. At the , CFO Leadership Conference in Boston earlier this month, , Mike Ellis , who was named by the , Boston Business Journal CFO of the Year , offered an inside look into how a CFO prepares a company for an initial public offering and life as a public company.

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CFO Share

JULY 27, 2023

Read on to learn about the evolving AI landscape and explore the advantages, challenges, and future implications for CFOs, shedding light on how this powerful tool is revolutionizing the traditional responsibilities of finance leaders. Part-time CFO services can help your business take the best decisions based on the outputs given by AI.

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The Charity CFO

APRIL 2, 2024

In addition, you need to make sure your financial data is accurate and readily available for donors, board members, and other stakeholders. If you’re facing a financial question and your first thought is to reach out to your accounting partner for guidance, you’ve likely found a strong nonprofit accounting team.

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The Charity CFO

MARCH 22, 2024

Types of Data for Nonprofits The types of data a nonprofit might use for decision-making can vary between organizations. Most nonprofits will use at least one of three types of data: Financial data: Financial data includes any data relating to the finances of the organization, such as revenue or expense data.

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Boston Startup CFO

FEBRUARY 1, 2023

Here are the top signs that your startup may need a fractional CFO. A fractional CFO can provide significant value to the process by: Developing a financial plan : A financial plan is a key component of any fundraising effort. If at are favorable to you.

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Future CFO

OCTOBER 20, 2021

The CFO role requires certain traits and skills, said Woranat Dumrongsiri (pictured), Country CFO, Deloitte Thailand and Deloitte Laos during an interview with FutureCFO for the publication’s Female Leadership in Finance Series. Woranat Dumrongsiri, Country CFO, Deloitte Thailand and Deloitte Laos.

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Fpanda Club

SEPTEMBER 2, 2021

Planning, budgeting and forecasting are linked together forming financial planning processes. Financial analysis is a type of economic analysis based on the financial data and focused on the assessment of stability and evaluation of profitability of a company, business or project.

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The Finance Weekly

FEBRUARY 8, 2023

The past month has seen a flurry of , CFO moves , indicating these executives' critical role in steering organizations toward stability and success. With this in mind, it's important for CFOs to stay ahead of the curve and adapt to , new trends and , challenges. Holscott previously served as CFO at Warner Media.

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Adam Kae

AUGUST 18, 2023

Understanding the Challenges of Financial Uncertainty Ahoy there, fellow captains of the small business world! Ready to set sail on the tempestuous seas of financial uncertainty? We're the experts who help you decode the financial fog and plot a course that aligns with your business objectives. You communicate.

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Bramasol

SEPTEMBER 29, 2023

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

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The Finance Weekly

MARCH 13, 2022

So, why are VCs investing in the office of the CFO? Based on AI and Machine Learning capabilities, the DataRails’ solution provides real-time financial consolidation and advanced data visualization, through intuitive and simple implementation. Because Finance forms the backbone of any business.

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The Finance Weekly

JANUARY 19, 2023

The CFO role traditionally has two high-level leadership archetypes: strategic and operational. An operational CFO optimizes performance by combining data from various departments with financial data. A strategic CFO focuses on creating long-term plans to achieve the company's goals.

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PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. The nature of financial reporting is to communicate facts aggregated using accounting rules.

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The Charity CFO

MAY 11, 2023

Properly evaluate each company and their credentials before letting go of your financial data. Make sure that you find a partner in your service provider and ensure that your access and communication channels are clearly defined. Security Concerns The financial data of an organization is incredibly sensitive.

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PYMNTS

OCTOBER 29, 2018

More than 670 professionals at mid-sized and large firms were asked about how they collaborate with human resources and IT departments, both areas of the enterprise that have significant impacts on financial management. For example, 68 percent of CFOs said the biggest roadblock is that their CIO peers do not “speak the same language.”

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Spreadym

DECEMBER 1, 2023

Tips for CFO to accelerate annual budgeting process There are several ways to expedite the annual budgeting process: Automate Processes: Utilize budgeting software or tools that automate calculations and streamline data entry. This ensures consistency across departments and simplifies the input process.

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The Charity CFO

FEBRUARY 27, 2023

Tosha Anderson, CPA and CEO of The Charity CFO , discusses the do’s and don’ts of a treasurer in a recent episode of the “A Modern Nonprofit” Podcast. These tasks include organizing financial data into helpful reports to be presented to the other board members. Treasurers aren’t just numbers people.

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Collectiv

DECEMBER 5, 2022

Effective communication skills are important for success in any FP&A role. You’ll need to be able to take complex financial data and make it digestible for your clients and peers. Luckily, effective communication is a skill that anyone can learn. Why You Need to Hone Your Communication Skills.

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CFO News Room

DECEMBER 16, 2022

Chief Financial Officer. As a financial executive, the chief financial officer (CFO) is responsible for the financial health of an organization. The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management.

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The Finance Weekly

DECEMBER 22, 2022

The humble spreadsheet remains an essential, if not critical, component of many financial operations. Therefore, while we won't pay attention to what is or isn't happening to Excel (or Google Sheets), we can predict some CFO tech trends in 2023. But that’s not the only thing that’s driving tech investment for CFOs in 2023.

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Future CFO

FEBRUARY 1, 2024

"It is absolutely critical businesses implement an accounting and reporting system for their ESG data that is as auditable, transparent, and reliable as their financial data accounting," Hasenoehrl says, "2024 is the year we have to start treating enterprise carbon data the same way we treat financial data."

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CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. Additionally, they can sometimes produce incorrect or misleading information, particularly on topics updated beyond their last training data or when asked to predict or speculate about future events.

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The Charity CFO

NOVEMBER 23, 2022

They should demonstrate an extensive understanding of accounting and finance regulations and best practices for financial management in a nonprofit setting. . A bachelor’s degree in accounting, finance, or other related fields prepares them to analyze financial data and advise the nonprofit on financial decisions.

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Future CFO

AUGUST 21, 2023

FutureCFO spoke to Robert E Parker , CFO for IBM Asia Pacific, for his perspective on how finance teams can and should take interest in the potential of AI, and arguably that waiting for the technology may not be in the best interests of the function and the company.

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Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. Let’s use the implementation of a new T&E policy as an example.

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The Charity CFO

MARCH 27, 2024

Luckily, QuickBooks Online lets your team connect and work with financial data from anywhere with secure internet access. Likewise, if you partner with another organization or business, you may have to work with their accounting team to settle accounts or share financial data. appeared first on The Charity CFO.

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CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. Additionally, they can sometimes produce incorrect or misleading information, particularly on topics updated beyond their last training data or when asked to predict or speculate about future events.

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Finance Accounting Auditing IFRS 52

The Charity CFO

AUGUST 28, 2023

Each meeting should have an agenda that addresses the relevant financial issues, challenges, and opportunities that need to be discussed. Leaders should work to foster open communication between members and the board, especially when it comes to strategic planning and problem-solving. Here are the keys to helping them help you.

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Future CFO

NOVEMBER 15, 2023

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data.

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Future CFO

JUNE 13, 2022

Grace Lim (pictured), CFO at KK Women's & Children's Hospital (KKH) in Singapore shared with FutureCFO audiences how female finance executives could become CFOs. Grace Lim, CFO, KK Women's & Children's Hospital. In addition to being KKH’s CFO, I’m also SingHealth’s Deputy Group CFO (Service Transformation and Education).

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https://trustedcfosolutions.com/feed/

MARCH 30, 2023

Less Stress Leads to More Success: Why a Faster Monthly Close Is Key Faster and more accurate closing cycles ensure your advisors, CFOs, and controllers have up-to-date financial data to base important decisions.

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The Charity CFO

AUGUST 15, 2023

In some cases, they’ll also be responsible for communicating with grantors. This encourages open communication and trust among employees and creates a comfortable environment for sharing: Ideas Concerns Feedback This leads to diverse perspectives and innovative solutions to challenges, further propelling the organization forward.

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CFO Share

DECEMBER 13, 2023

We understand the importance of precise financial data. Communicate effectively. Here’s the benefits we offer beyond confidence from reliable financials: We are service, not software. Accurate bookkeeping isn’t just a necessity—it’s the backbone of strategic decision-making. Relying on luck is not an option.

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Planful

OCTOBER 19, 2021

The person in this role should provide the board the financial knowledge needed to set the company’s larger strategy. CFOs are uniquely positioned to support an organizational shift to proactive cybersecurity measures. The CFO stands to benefit from better environmental practice. Lead the Way on Corporate Governance Issues.

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Beacon CFO Plus

OCTOBER 11, 2022

Communicating often. This is a reference to the fact that financial metrics are largely historical and are based on accounting information. The issue is trying to run a business solely on historical financial data rather than on forward-looking estimates that reflect the strategic direction the company is taking—or trying to take.

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Future CFO

SEPTEMBER 21, 2023

Cloud solutions provide real-time collaboration, version tracking, and communication. Data Analytics and Visualisation : Analyse spreadsheet data with data analytics and visualisation tools. These technologies help CFOs create insightful reports and dashboards for decision-making.

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Future CFO

DECEMBER 31, 2021

Our survey saw that CFOs in Singapore believe future finance leaders will need to possess a wide range of skills to keep the function thriving. Their responsibilities already entail ensuring that the financial report is accurate, complete and verifiable, according to GAAP accounting standards and disclosures.

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